1. The problem statement, all variables and given/known data 1. The problem statement, all variables and given/known data Omega Manufacturing Company has excess manufacturing capacity and is considering devoting its excess capacity to product 1,2, and 3. The production process uses three types of machines and the available capacity on the machines is as follows: Milling Machine: 550 hrs/week Lathe 350 hrs/week Grinder 150 hrs/week Profits and machine requirements in hours for the three products are as follows: Catagory Products 1 Product 2 Product 3 Profit 50 20 25 Milling Machine 9 3 5 Lathe 5 4 0 Grinder 3 0 2 Sales Potentials for Product 1 and 2 exceeds max production and Product 3 is expected to sell no more than 20 units per week. Formulate the LP PROBLEM I really appreciate any help I can get on the problem. I have been struggling with it for sometime and I have a couple more like it so if I can see how to solve this one I can work through the rest. Thanks very much!!!